BTU International Technical Analysis (NASDAQ:BTUI)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The BTU International stock price data and volume are plotted in BTUI stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for BTU International. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of BTU International stock analysis.
BTU International Moving Average
Moving averages show the average price of BTUI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for BTU International are mostly signals of long term trends and will help long term traders.
BTU International Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like BTU International. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $2.62 is in the lower range of BTU International bollinger bands.
BTU International Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The BTU International MACD indicator can be used to identify bullish and bearish trends for the stock.
BTU International Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 34.61 is the RSI value of BTUI stock.